The chart above displays the net revenue of Ford Motors from the United States market from 2013 to 2022 in millions of US dollars.
During fiscal 2203, Ford Motors experienced significant increase in its total net revenue from its largest market – the United States. The company generated $117 billion in net sales from the United States or more than $11.5 billion higher compared to the prior year. The United States alone accounted for around 66% of the total net revenue of the automobile company in 2023.
The United States is the single largest market of Ford Motors accounting for the largest part of its total net revenue and vehicle sales. In 2022, the company sold around 1.9 million vehicle units in the United States and generated $105,481 million in net revenue. The United States market accounted for around 67% of the company’s total net revenue in 2022. In 2021, the company had generated $87 billion in net sales from the US market from the sales of 1.9 million vehicle units.
The total net sales of the company remained $158.06 billion in 2022 compared to $136.34 billion in 2021. However, the company experienced a net loss of $2,152 million compared to a net income of $17,910 million in the previous year.
Revenue of Ford Motors from United States Market 2013 – 2022
Amounts are in millions.
| Year | US Revenue (millions) |
|---|---|
| 2023 | $116,995 |
| 2022 | $105,481 |
| 2021 | $87,012 |
| 2020 | $82,535 |
| 2019 | $98,729 |
| 2018 | $ 97,546 |
| 2017 | $ 93,844 |
| 2016 | $ 93,433 |
| 2015 | $ 93,142 |
| 2014 | $ 82,665 |
| 2013 | $ 85,459 |
2021: In 2021, the net sales of Ford Motors in the US market grew to $87.01 billion compared to $82.5 billion in 2020.
2020: Ford Motor company’s net sales and revenues declined significantly in 2020 compared to the previous year, mainly due to the impact of the pandemic on automobile demand globally. Its unit sales and revenues declined in the US also, which is the largest market of Ford Motor’s products. In 2020, the net revenues of Ford Motor Company from the United States remained $82.5 billion compared to $98.7 billion in 2019. The company’s net revenues from Canada remained $8.7 billion in 2020 compared to $10.9 billion in 2019. Unit sales of Ford Motors in 2020 declined to 2 million units in 2020 from 2.4 million units in 2019.
- US is the most significant market for Ford Motors. In 2018, Ford earned around 60% of its revenue from United States.
- The revenue of Ford from United States market in 2018 went up to $97,546 million from $93,844 million in 2017.
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About the Ford Motor Company:
Ford Motor Company is a leading automobile brand based in Dearborn, Michigan, United States. The company was incorporated in 1919 in Delaware. It sells a vast range of Ford trucks, SUVs, and cars globally. Ford also sells Lincoln luxury vehicles. The company has expanded its range of electrified vehicles.
Ford’s net sales and revenue declined in 2020 compared to the previous year due to the pandemic. The company sold 4.5 million vehicle units in 2020 compared to 5.5 million in 2019. The company’s net revenue was $127.14 billion in 2020 compared to $155.9 billion in 2019.
Ford has maintained a strong global presence and is among the leading automobile brands globally.
Abhijeet Pratap is a passionate blogger with seven years of experience in the field. Specializing in business management and digital marketing, he has developed a keen understanding of the intricacies of these domains. Through his insightful articles, Abhijeet shares his knowledge, helping readers navigate the complexities of modern business landscapes and digital strategies.